Even better would be to just get rid of taxi medallions and let anyone who passes basic safety regulations drive people where they want to go for money. Safety

Even better would be to just get rid of taxi medallions and let anyone who passes basic safety regulations drive people where they want to go for money. Safety regulations do not require a medallion system. Artificially limiting the number of jobs for this industry is not necessary to impose safety regulations. Its only unique purpose is to restrict competition and grant a few drivers a monopoly at the expense of consumers and all other would-be drivers. I don't see anyone arguing that the number of software developers needs to be arbitrarily capped to prevent software bugs. That makes about as much sense as taxi monopolies.